Bitcoin - buy on 4H - risk/reward ratio 2.5
Updated
Dear traders and followers,
the Bitcoin price has formed a bart pattern within the current week and seems to retest the 10.100 $ area.
A break and close above 9760 $ is a buy signal and moves the price up to our take profit area.
A break and close under the current resistance area and the triangle trend line is a sell signal and moves the market down to 9120 $ area.
Feel free to share your idea in the comments section and dont forget to like this if you have the same idea.
the Bitcoin price has formed a bart pattern within the current week and seems to retest the 10.100 $ area.
A break and close above 9760 $ is a buy signal and moves the price up to our take profit area.
A break and close under the current resistance area and the triangle trend line is a sell signal and moves the market down to 9120 $ area.
Feel free to share your idea in the comments section and dont forget to like this if you have the same idea.
Note
market confirmed the triangle trend line - expect strong up movement incoming Trade active
Note
Buy volume seems to be low. Sell your holdings if market doesn´t break 9800 $ within the next 24 hours.Trade closed manually
closed at break even
The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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